Income Tax
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Entire Unaccounted Sales Taxable Where Raw Material Cost Already Booked: Chhattisgarh HC
CEO Change and Mismanagement Sufficient Cause for 125-Day Delay: ITAT Bangalore
Gujarat HC Admits Cadila Appeal on R&D Deduction, TDS and Section 115JB Issues
ITAT Directs Section 12AB Renewal as PCIT Exceeded Three-Year Inquiry Scope
Section 68 Penny Stock Addition Deleted for Lack of Independent Enquiry: MP HC
ITAT Mumbai Remands Share Sale Addition Over Missing Demat and Bank Trail
ITAT Kolkata Remands PF/ESI Disallowance for Verification of Challans & Section 143(1) Notice
ITAT Kolkata Remands Cash Deposit Addition for De Novo Assessment
ITAT Kolkata condones 37-day delay and restores appeal for merits adjudication
CBDT Notifies Tax Exemption for Maharashtra Electricity Commission
CBDT Notifies Maharashtra Electricity Regulatory Commission Under Section 10(46A)
Karnataka HC Holds Reassessment Defect Curable, Upholds Remand for Objections Disposal
Pursuing Alternative Remedy Constitutes Sufficient Cause: ITAT Condones 453-Day Appeal Delay
Registered Society Not Taxable at Maximum Marginal Rate Merely for AOP Return: ITAT Visakhapatnam
Latest Income Tax News
Income tax is the part of your income which you are required to pay to the Indian government for funding various infrastructural developments, pay salaries to those who are employed by the central or the state governments, etc. All the taxes which are imposed are based on law, and the law which governs provisions about taxes on income is the Income Tax Act, 1961.
Income tax needs to be paid by each and every individual, Hindu Undivided Family, Association of Persons, Body of Individuals, companies, corporate firms, local authorities and every artificial juridical person generating any income based on the income tax slab rates.
Income tax might seem to be a tedious tax for most us, and it has a lot to do with the fact it involves a lot of nitty-gritty and details while calculating and in paying income tax. However, if you need a clear picture about income tax which is simple and easy to understand then you are at the right place.
Get all the latest news on income tax with Taxguru. We will offer you all the insight and details about all the updates and trending news on income tax. Get a comprehensive coverage of income tax-related news and regular updates on income tax circulars.
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Find all the latest developments and amendments to the Income Tax Act. Get to know all the tips and tricks on how to save income tax and develop your own income tax planning work plan. We keep updating our portal regularly so that you don’t miss out on anything.
